It’s the end of another work week and the start of another month! Hope you paid your rent and your mortgage bills and still have money in the bank.
The month of May wrapped up with higher than normal listings and lower than normal sales. We’ll have to wait to see what the official word is, but it sounds like we may see a bit of softening in some detached prices and little bump up in condo prices.
Let’s do our regular end of the week news round-up and open topic discussion thread for the weekend! Here are a few recent links to kick off the chat:
-MOI 6.66, the MOI of the beast
-Inventory graph back into record high
-Teranet sales pair dries up
-Will bloggers ruin the perfect market?
-Okanagon sees huge foreclosure spike
-How much is your commute?
-Building jobs boom
-Van Commercial RE booms
-RBC: Ownership costs climbing
-Rising prices means confidence for Toronto
So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!